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Power Lawn and Garden Equipment Market Transformation: Key Market Size Changes in Recent Years
There has been a robust expansion in the size of the power lawn and garden equipment market in the past few years. The projections suggest an increase from $84.74 billion in 2024 to $89.85 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.0%. Factors contributing to the growth during the historic period include heightened interest in outdoor living, swift urbanization, increased demand for landscape services and automated tools, along with population growth and housing density.
The market for power lawn and garden equipment is predicted to experience robust expansion in the coming years, ballooning to a value of $110.89 billion by 2029, with a compound annual growth rate (CAGR) of 5.4%. This increase during the forecast period can be attributed to several factors including the growth of e-commerce, the popularity of do-it-yourself practices, weather and seasonal changes, evolving consumer habits, and an increase in outdoor recreational activities. Notable trends anticipated during this forecast period encompass an increase in the use of battery-powered equipment, the incorporation of smart technology, the emergence of urban gardening solutions, improved ergonomics and user-friendly designs, and technological advancements in robotic lawn care.
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What’s Behind the Consistent Growth of the Power Lawn and Garden Equipment Industry?
The rise in homeownership is anticipated to fuel the expansion of the power lawn and garden equipment market. Owning a home or place of residence is what is referred to as homeownership. The role of power lawn and garden tools is integral in ensuring the comprehensive care and preservation of a property, making it possible for homeowners to nurture and maintain an attractive and well-maintained outdoor surrounding. For example, as per the Office for National Statistics, a government agency based in the UK, there was a projected estimation of 28.3 million households in the UK in March 2023, marking a 0.7% increment from the 28.1 million in 2022.
In addition, the count of families in the UK was elevated to 19.4 million in 2022. As a result, the escalation in homeownership is a driving factor for the power lawn and garden equipment market.
Top Revenue-Generating Segments in the Power Lawn and Garden Equipment Market
The power lawn and garden equipmentmarket covered in this report is segmented –
1) By Type: Lawnmowers, Turf And Grounds Equipment, Trimmers And Edgers
2) By Distribution Channel: Direct, Indirect
3) By Application: Household Use, Commercial, Public Application
Subsegments:
1) By Lawnmowers: Gas-Powered Lawnmowers, Electric Lawnmowers, Robotic Lawnmowers, Reel Lawnmowers
2) By Turf And Grounds Equipment: Ride-On Mowers, Lawn Tractors, Zero-Turn Mowers, Aerators And Dethatchers
3) By Trimmers And Edgers: String Trimmers, Brush Cutters, Edgers, Hedge Trimmers
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What Technological Trends Are Set to Revolutionize the Power Lawn and Garden Equipment Market?
Leading figures in the power lawn and garden equipment market are ushering in an era of innovative products such as robotic mowers, which offer benefits like diminished effort, enhanced precision, increased efficiency, and more eco-friendly operation. Robotic mowers are autonomous, self-driven machines purposed to trim grass in lawns and comparable green spaces. For example, in October 2022, The Toro Company, a firm specializing in outdoor environment equipment based in the US, introduced the Toro RTX 2000. This new development utilizes several cameras to survey its environment and generates a digital map of the lawn. The Toro RTX 2000 also comes with a self-charging docking station, a security mechanism, and a mobile app, establishing it as a premier robotic mower. The device runs on a lithium-ion battery capable of up to two hours of mowing in a single charge.
How Are Different Regions Contributing to the Power Lawn and Garden Equipment Market’s Growth?
North America was the largest region in the power lawn and garden equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the power lawn and garden equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Which Firms Are Setting the Benchmark in the Global Power Lawn and Garden Equipment Market?
Major companies operating in the power lawn and garden equipment market report are Honda Motor Co. Ltd., Hitachi Ltd., Deere and Company, Craftsman Automation, Andreas Stihl AG, Black+Decker,Inc., Textron Inc., McLane, Makita Corporation, Kohler Co., The Toro Company, TTI Inc., MTD Products Inc., Briggs & Stratton Corporation, Husqvarna AB, Blount International Inc., Worx, STIHL USA, EMAK, Ariens Company, Echo Inc., Brinly-Hardy, American Lawn Mower Co., MAT Engine Technologies LLC, Snow Joe LLc, Sun Joe, Talon, ZHONGJIAN
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